Organisations
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World Bank Group Successfully Closes Inaugural Securitisation Transaction, Marking Pivotal Step in Private Sector Mobilisation Effort
KAMPALA, September 19, 2025 — The World Bank Group, through its private sector arm, the International Finance Corporation, has closed its inaugural securitisation transaction; successfully launching a new model to attract institutional…
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Second Cooperative Bank in Uganda in the pipeline after closure of first one
KAMPALA, September 19, 2025 –Ugandan cooperators will in the near future have a fully-fledged Cooperative Bank established after yesterday’s launch of the National Cooperative Savings and Credit Society Limited [NCSCSL] at the…
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Over 40mln people threatened by acute hunger in Eastern Africa
KAMPALA, September 19, 2025 – At least 42 million people face high levels of acute food insecurity this year across six IGAD member states [Djibouti, Kenya, Somalia, South Sudan, the Sudan and…
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8,000 teenage mothers to be equipped with vocational skills
LIRA, September 19, 2025 — The National Women’s Council [NWC] has launched a nationwide initiative aimed at equipping a total of 8,000 teenage mothers and school dropouts with vocational skills, in a…
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KCB and Afreximbank in Joint Funding Deal to Operationalize Vipingo Special Economic Zone
NAIROBI, September 19, 2025 — KCB Group, and the African Export-Import Bank Afreximbank have entered a Memorandum of Understanding [MoU] aimed at providing financial and trade facilitation support to investors operating in…
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Ethiopia: AfDB provides US$ 400,000 for public disclosure platform to boost capital market
ADDIS ABABA, September 18, 2025 — The African Development Bank Group [ AfDB ] and the Ethiopian Capital Market Authority [ECMA] have signed a grant agreement for US$ 400,000 for the set…
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South Africa outlines interventions to boost local cooperatives
CAPE TOWN, September 18, 2025 – With South Africa’s cooperatives still performing below expectations compared to global counterparts, the Minister of Small Business Development, Stella Ndabeni-Abrahams, has outlined a series of interventions…
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UEDCL adds over 640,000 new customers in six months after UMEME takeover
KAMPALA, September 18, 2025 – The Uganda Electricity Distribution Company Limited [ UEDCL ] has recorded 648,404 new power connections within the first six months of assuming national electricity distribution responsibilities from…
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Hoima butchers celebrate commissioning of Shs 5bln slaughterhouse
HOIMA CITY, September 18, 2025 — Butchers, and consumers in Hoima City are celebrating the commissioning of a new state-of-the-art slaughterhouse, valued at Shs 5 billion, which promises to significantly improve hygiene…
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